中方大手一挥，再抛118亿美债，加拿大动作更大，特朗普开始换人

Group 1 - The core point of the article highlights a significant shift in capital flows and policy confidence, particularly regarding the reduction of U.S. Treasury holdings by China and Canada, alongside political pressures on the Federal Reserve [1][22][24] - China reduced its U.S. Treasury holdings by $11.8 billion in October, reaching the lowest level since 2008, indicating a long-term strategy to diversify its reserve assets, particularly increasing gold reserves [3][5][7] - Canada's drastic sell-off of $56.7 billion in U.S. Treasuries in October reflects a defensive strategy amid rising external pressures and a reassessment of its reliance on U.S. debt [10][12][14] Group 2 - The adjustments by China and Canada signify a broader trend of questioning the stability and safety of U.S. assets, with China focusing on risk mitigation and Canada expressing a loss of trust in U.S. policies [22][24][26] - Trump's public call to replace the Federal Reserve Chairman to support significant interest rate cuts raises concerns about the independence of U.S. monetary policy, potentially undermining global confidence in the dollar [16][18][20] - The evolving financial landscape suggests a shift from a unipolar dollar system to a more diversified asset allocation strategy among countries, indicating a complex future for global investors [26][27][30]